Home » Georgia » DEKALB County » ATLANTA, GA » ZIP Code 30356 » Tax Stats

30356 Income Tax Overview

Total Number of Tax Returns for ZIP Code 30356 [1]	255
Total Number of Joint Tax Returns for ZIP Code 30356	61
Total Number of Dependents for ZIP Code 30356	46
Total Adjusted Gross Income for ZIP Code 30356	20,775,915
Average Income per Person for ZIP Code 30356	$20,775,915

The following tables break down the Income Tax Statistics into different Gross Income levels.

Adjusted Gross Income: Under $10,000 [1]

Number of returns [1]	37
Number of joint returns	0
Number of returns with paid preparer's signature	14
Number of exemptions	37
Number of dependents	0
Adjust gross income (AGI) [2]	$55,805
Salaries and wages	$224,224
Taxable interest	$0
Ordinary dividends	$19,044
Business or professional net income (less loss)	$137,318
Net capital gain (less loss)	($13,825)
Taxable individual retirement arrangements distributions	$0
Taxable pensions and annuities	$84,598
Unemployment compensation [3]	$0
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$287,307
State and local income taxes	$0
State and local general sales tax	$0
Real estate taxes	$0
Taxes paid	$47,498
Mortgage interest paid	$64,653
Contributions	$0
Taxable income	$0
Total tax credits [5]	$0
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$3,032
Excess earned income credit (refundable) [7]	$24,560
Alternative minimum tax	$0
Income tax [8]	$0
Total tax liability [9]	$7,351
Tax due at time of filing [10]	$10,099
Overpayments refunded [11]	($52,744)

Adjusted Gross Income: $10,000 under $25,000

Number of returns [1]	38
Number of joint returns	0
Number of returns with paid preparer's signature	21
Number of exemptions	56
Number of dependents	15
Adjust gross income (AGI) [2]	$684,041
Salaries and wages	$453,637
Taxable interest	$44,775
Ordinary dividends	$0
Business or professional net income (less loss)	$0
Net capital gain (less loss)	$0
Taxable individual retirement arrangements distributions	$51,428
Taxable pensions and annuities	$0
Unemployment compensation [3]	$0
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$0
State and local income taxes	$0
State and local general sales tax	$0
Real estate taxes	$0
Taxes paid	$0
Mortgage interest paid	$0
Contributions	$0
Taxable income	$241,692
Total tax credits [5]	$0
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$22,885
Total tax liability [9]	$33,029
Tax due at time of filing [10]	$0
Overpayments refunded [11]	($55,935)

Adjusted Gross Income: $25,000 under $50,000

Number of returns [1]	62
Number of joint returns	18
Number of returns with paid preparer's signature	32
Number of exemptions	85
Number of dependents	16
Adjust gross income (AGI) [2]	$2,394,521
Salaries and wages	$1,915,684
Taxable interest	$135,365
Ordinary dividends	$42,157
Business or professional net income (less loss)	($14,660)
Net capital gain (less loss)	$2,048
Taxable individual retirement arrangements distributions	$0
Taxable pensions and annuities	$0
Unemployment compensation [3]	$0
Taxable Social Security benefits	$85,397
Self-employment retirement plans	$0
Total itemized deductions [4]	$524,546
State and local income taxes	$52,064
State and local general sales tax	$9,639
Real estate taxes	$72,859
Taxes paid	$106,239
Mortgage interest paid	$209,340
Contributions	$47,554
Taxable income	$1,405,540
Total tax credits [5]	$18,700
Residential energy tax credit	$0
Child tax credit	$9,999
Child and dependent care credit	$0
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$174,410
Total tax liability [9]	$184,188
Tax due at time of filing [10]	$14,497
Overpayments refunded [11]	($117,657)

Adjusted Gross Income: $50,000 under $75,000

Number of returns [1]	41
Number of joint returns	0
Number of returns with paid preparer's signature	31
Number of exemptions	53
Number of dependents	0
Adjust gross income (AGI) [2]	$2,425,095
Salaries and wages	$1,867,114
Taxable interest	$10,544
Ordinary dividends	$36,385
Business or professional net income (less loss)	$0
Net capital gain (less loss)	$14,638
Taxable individual retirement arrangements distributions	$135,588
Taxable pensions and annuities	$450,014
Unemployment compensation [3]	$0
Taxable Social Security benefits	$189,464
Self-employment retirement plans	$0
Total itemized deductions [4]	$420,724
State and local income taxes	$54,530
State and local general sales tax	$0
Real estate taxes	$41,692
Taxes paid	$104,232
Mortgage interest paid	$137,299
Contributions	$25,921
Taxable income	$1,731,906
Total tax credits [5]	$0
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$272,058
Total tax liability [9]	$279,809
Tax due at time of filing [10]	$27,281
Overpayments refunded [11]	($64,379)

Adjusted Gross Income: $75,000 under $100,000

Number of returns [1]	21
Number of joint returns	10
Number of returns with paid preparer's signature	0
Number of exemptions	34
Number of dependents	0
Adjust gross income (AGI) [2]	$1,816,040
Salaries and wages	$1,092,819
Taxable interest	$147,798
Ordinary dividends	$0
Business or professional net income (less loss)	$0
Net capital gain (less loss)	$0
Taxable individual retirement arrangements distributions	$0
Taxable pensions and annuities	$0
Unemployment compensation [3]	$0
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$414,650
State and local income taxes	$52,620
State and local general sales tax	$0
Real estate taxes	$58,000
Taxes paid	$114,770
Mortgage interest paid	$144,562
Contributions	$59,597
Taxable income	$1,238,290
Total tax credits [5]	$0
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$194,759
Total tax liability [9]	$205,050
Tax due at time of filing [10]	$0
Overpayments refunded [11]	($52,864)

Adjusted Gross Income: $100,000 under $200,000

Number of returns [1]	38
Number of joint returns	33
Number of returns with paid preparer's signature	27
Number of exemptions	82
Number of dependents	15
Adjust gross income (AGI) [2]	$5,137,538
Salaries and wages	$3,026,160
Taxable interest	$140,294
Ordinary dividends	$52,199
Business or professional net income (less loss)	$0
Net capital gain (less loss)	$38,347
Taxable individual retirement arrangements distributions	$0
Taxable pensions and annuities	$448,307
Unemployment compensation [3]	$0
Taxable Social Security benefits	$305,809
Self-employment retirement plans	$0
Total itemized deductions [4]	$1,368,107
State and local income taxes	$213,490
State and local general sales tax	$0
Real estate taxes	$146,305
Taxes paid	$381,703
Mortgage interest paid	$576,575
Contributions	$132,322
Taxable income	$3,460,661
Total tax credits [5]	$7,484
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$614,203
Total tax liability [9]	$661,975
Tax due at time of filing [10]	$145,394
Overpayments refunded [11]	($104,858)

Adjusted Gross Income: $200,000 or more

Number of returns [1]	18
Number of joint returns	0
Number of returns with paid preparer's signature	14
Number of exemptions	33
Number of dependents	0
Adjust gross income (AGI) [2]	$8,262,875
Salaries and wages	$2,353,364
Taxable interest	$375,960
Ordinary dividends	$569,903
Business or professional net income (less loss)	$0
Net capital gain (less loss)	$255,163
Taxable individual retirement arrangements distributions	$0
Taxable pensions and annuities	$0
Unemployment compensation [3]	$0
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$1,331,740
State and local income taxes	$438,105
State and local general sales tax	$0
Real estate taxes	$111,000
Taxes paid	$567,770
Mortgage interest paid	$0
Contributions	$119,249
Taxable income	$6,834,147
Total tax credits [5]	$0
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$56,777
Income tax [8]	$1,637,402
Total tax liability [9]	$1,647,777
Tax due at time of filing [10]	$0
Overpayments refunded [11]	($293,755)

[1] Includes returns with adjusted gross deficit.

[2] Less deficit.

[3] Includes the Alaskan permanent fund, reported by residents of Alaska on Forms 1040A and 1040EZ's. This fund only applies to statistics in the U.S. totals, and the state of Alaska.

[4] "Itemized deductions" include any amounts reported by the taxpayer, even if they could not be used in computing "taxable income," the base on which the regular income tax was computed. Thus, total itemized deductions include amounts that did not have to be reported by taxpayers with no "adjusted gross income." (Adjusted gross income is the total from which these deductions would normally be subtracted.) In addition, if standard and itemized deductions were both reported on a tax return, the form of deduction actually used in computing income tax was the one used for the statistics. Therefore, if the standard deduction was the form of deduction used, the total reported for itemized deductions was excluded from the statistics. However, the component deductions were not similarly excluded. As a result, the number of returns and related amounts for the component deductions are slightly overstated in relation to the grand total shown for itemized deductions. These components are also overstated in relation to the total because there was a statutory limitation on the total of itemized deductions that could be claimed by certain high-income taxpayers. This limitation did not affect the component deductions, the sum of which therefore exceeded the total used in computing income tax.

[5] "Total tax credits" excludes the "earned income credit" which is shown separately.

[6] "Earned income credit" includes both the refundable and non-refundable portions. The non-refundable portion could reduce income tax and certain related taxes to zero. The earned income credit amounts in excess of total tax liability, or amounts when there was no tax liability at all, were refundable. See footnote 7 below for explanation of the refundable portion of the earned income credit.

[7] The refundable portion of the "earned income credit" equals "total income tax" minus the "earned income credit". If the result is negative, this amount is considered the refundable portion.

[8] "Income tax" is in general, the same as "income tax after credits" which was redefined in Tax Year 2000 to include the "alternative minimum tax (AMT)". Zip Code table "Income tax" differs from "total income tax" (in other tables) in that the Zip Code table "Income tax" is after the subtraction of all tax credits except the earned income credit. See footnote 6 and 7 above, for an explanation of the treatment of the earned income credit. "Income tax" reflects the amount reported on the tax return and is, therefore, before any examination or enforcement activities by the Internal Revenue Service. It represents the tax filer reported income tax liability that was payable to the U.S. Department of the Treasury.

[9] For the Zip Code tables, "Total tax liability" differs from "Income tax," in that "Total tax liability" includes the taxes from recapture of certain prior-year credits, tax applicable to individual retirement arrangements (IRA's), Social Security taxes on self-employment income and on certain tip income, advanced earned income payments, household employment taxes, and certain "other taxes" listed in the Form 1040 instructions.

[10] Reflects payments to or withholdings made to "Total tax liability" (footnote 9). The amount the tax filer owes when the income tax return is filed.

[11] The amount of overpayments the tax filer requested to have refunded.